Three things we've learnt about the UK economy from the IMF

Countries around the world have had their future economic prospects assessed by influential body, the International Monetary Fund (IMF). What the IMF says matters - it aims to keep the global economy stable and its twice-yearly forecasts are one of the most authoritative looks at what is really going on around the world. Yet like all forecasts they can also turn out to be incorrect, so they shouldn't be treated as gospel. Here are three things we've learnt about the UK from the IMF's latest report. The global economy has been rocked by the US-Israel war with Iran. The transportation and production of energy in the Middle East has been severely disrupted, causing oil prices to jump and inflation to rise.